No longer on the market
This property is no longer on the market
Floorplan
MapProperty
Auction
Property
5 beds
Features and description
- Livestream Auction: 05/12/2024
- Bidding Registration Required
- Viewings Via Appointment
Situated in the heart of Caldmore these two terraced properties and ancillary workshop offer a tremendous investment opportunity with an income of £26,680.00 per annum.
Comprising four flats plus the workshop, all of which are currently let, the properties are conveniently located close to all amenities and public transport services and are sent back behind a small foregarden and comprise of the following which are double glazed and gas centrally heated (not tested):-
112 Caldmore Road
A ground floor flat consisting of Hallway, Lounge 4.6m x 3.8m, Bathroom with white suite, Kitchen 2.4m x 2.4m, Bedroom 2.7m x 2.2m. The property is currently let on a 12 month Tenancy from 28/4/24 at £520.00 PCM (£,6240.00 per anum)
112a Caldmore Road
A first floor apartment accessed via the central entry and rear yard. Staircase leads to Landing with access to Kitchen 3.7m x 3m, Bedroom 4m x 2.2m, Living Room/Bedroom 4m x 3.5m, Bathroom. Currently let on an Assured Shorthold Tenancy for 1 year from 29/9/23 at £110.00 per week (£5,720.00 per annum)
114 Caldmore Road
Ground floor apartment comprising Hall, Lounge 4.9m x 4..2m, Bathroom with matching suite, Kitchen 3.2m x 2.4m, Bedroom 3m x 2.3m. Currently let on a 1 year Assured Shorthold Tenancy from 1/4/24 at £450,.00 per calendar month (£5,400.00 per annum)
114a Caldmore Road
Approached over a rear staircase from rear yard. Hallway provides access to Kitchen/Diner 5.6m x 2.9m, Bathroom with matching suite, Bedroom One 4m x 2.6m max, Bedroom Two 2.8m x 2m. Currently let on a 1 year Tenancy from 15/12/23 at £110.00 per calendar month (£5,720.00 per annum)
Workshop/Storage
Accessed via a shared driveway from Mount Street, being L-Shaped and approximately 320 sq ft with double size roller shutter door access and pedestrian door to Mount Street and to rear yard. Currently let on a 1 year agreement from 18/10/24 at £3,600.00 per annum.
Viewing
By appointment through Auctioneers on[use Contact Agent Button]
Additional Fees
Buyer's Premium - 1% plus vatAdministration Charge - £1200 inc VAT payable on exchange of contracts.Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Council Tax Band: A
Tenure: Freehold
About this agent
Auction House Birmingham and Black Country, is part of Auction House UK, The Country's No 1 Residential Auctioneer, with over 30 years’ experience of the Midlands property market. With a success rate of over 80% over the last 3 years, we offer professional guidance to sellers of all sorts of property, from family homes, probate cases, land with or without planning permission and all sorts of commercial property. We are noted for consistently exceeding our client's expectations. Covering Greater Birmingham and South Staffordshire as well as the Black Country Towns of Wolverhampton, West Bromwich and Dudley, we are particularly strong in Walsall, Pelsall, Rushall, Aldridge, Brownhills and Great Barr. Our traditional Auctions, conveniently held in the evening, take place six times a year usually at Walsall's Banks's Stadium and put motivated sellers and buyers together in one room and result in contracts being exchanged on the night. Due to Covid restrictions we are currently holding Live Stream Auctions. Our tie up with Auction House UK, as well as many local estate agents, including our sister company Edwards Moore, The Estate Agency, gives us extensive coverage for your property, both locally, regionally and nationally, often bringing buyers in from well outside our Midland base. As members of the Guild of Professional Estate Agents as well as the NAEA and the Ombudsman Scheme, we strive to offer the highest levels of customer service and professional advice.